![RenrenBit Founder Sentenced in Prison as China Cracks Down on Crypto Activities RenrenBit Founder Sentenced in Prison as China Cracks Down on Crypto Activities](https://cryptopotato.com/wp-content/uploads/2023/12/Prison_Jail.jpg)
China’s Supreme Procuratorate has dealt a significant blow against illegal cryptocurrency operations by sentencing Zhao Dong, the founder of RenrenBit and a minor shareholder of Bitfinex, to a seven-year prison term. The prominent…
![Bitcoin price cracks K, possibly clearing a path for SOL, LINK, AAVE and STX Bitcoin price cracks K, possibly clearing a path for SOL, LINK, AAVE and STX](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-10/6d98efbb-78a2-46f0-8d16-f89bc9e98060.jpg)
Bitcoin (BTC) had a good week with prices rising about 10% to reach the psychologically important level of $30,000. After the rally, the question troubling investors is whether the uptrend will continue or…